... when it's talking about the 100th anniversary of its IPO. Is that even a thing? Has any other publicly traded century old company -- GE, GM, Coca-Cola, etc. -- ever "celebrated" its IPO? (What about the years when NCR was part of AT&T, shouldn't that be excluded? Current management probably doesn't even know about that.) How much did management spend on this NYC junket?! Did David and Eric come back?!
This company is in very bad shape. James Kelly's strategy is to load the company up with payments-related bells and whistles and sell it to Global Payments. But the payments industry -- any company that isn't Visa or Mastercard -- has also become a commodity.. Nobody's going to buy this dog, unless it's out of bankruptcy.
The way things are going, that just might happen.